A PARAMETER-TUNED GENETIC ALGORITHM FOR VENDOR MANAGED INVENTORY MODEL FOR A CASE SINGLE-VENDOR SINGLE-RETAILER WITH MULTI-PRODUCT AND MULTI-CONSTRAINT

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SADEGHI JAVAD; SADEGHI AHMAD; SAIDI MEHRABAD MOHAMMAD

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Paper Information

Journal: JOURNAL OF OPTIMIZATION IN INDUSTRIAL ENGINEERING (JOURNAL OF INDUSTRIAL ENGINEERING) Year:2011 | Volume:5 | Issue:3 (9) Page(s): 57-67

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Title

A PARAMETER-TUNED GENETIC ALGORITHM FOR VENDOR MANAGED INVENTORY MODEL FOR A CASE SINGLE-VENDOR SINGLE-RETAILER WITH MULTI-PRODUCT AND MULTI-CONSTRAINT

Author(s)

SADEGHI JAVAD | SADEGHI AHMAD | SAIDI MEHRABAD MOHAMMAD | Issue Writer Certificate

Keywords

VENDOR MANAGED INVENTORY

GENETIC ALGORITHM

MULTI-CONSTRAINT

MULTI-PRODUCT

PARAMETER TUNING

Abstract

This paper develops a single-vendor single-retailer supply chain for MULTI-PRODUCT. The proposed model is based on VENDOR MANAGED INVENTORY (VMI) approach and vendor uses the retailer's data for better decision making. Number of orders and available capital are the constraints of the model. In this system, shortages are backordered; therefore, the vendor’s warehouse capacity is another limitation of the problem. After the model formulation, an Integer Nonlinear Programming problem will be provided; hence, a GENETIC ALGORITHM has been used to solve the model. Consequently, order quantities, number of shipments received by a retailer and maximum backorder levels for products have been determined with regard to cost consideration. Finally, a numerical example is presented to describe the sufficiency of the proposed strategy with respect to parameter-tuned by response surface methodology (RSM).

Cites

FACILITY LOCATION AND INVENTORY BALANCING IN A MULTI-PERIOD MULTIECHELON MULTI-OBJECTIVE SUPPLY CHAIN: AN MOEA APPROACH

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APA: Copy

SADEGHI, JAVAD, SADEGHI, AHMAD, & SAIDI MEHRABAD, MOHAMMAD. (2011). A PARAMETER-TUNED GENETIC ALGORITHM FOR VENDOR MANAGED INVENTORY MODEL FOR A CASE SINGLE-VENDOR SINGLE-RETAILER WITH MULTI-PRODUCT AND MULTI-CONSTRAINT. JOURNAL OF OPTIMIZATION IN INDUSTRIAL ENGINEERING (JOURNAL OF INDUSTRIAL ENGINEERING), 5(3 (9)), 57-67. SID. https://sid.ir/paper/638000/en

Vancouver: Copy

SADEGHI JAVAD, SADEGHI AHMAD, SAIDI MEHRABAD MOHAMMAD. A PARAMETER-TUNED GENETIC ALGORITHM FOR VENDOR MANAGED INVENTORY MODEL FOR A CASE SINGLE-VENDOR SINGLE-RETAILER WITH MULTI-PRODUCT AND MULTI-CONSTRAINT. JOURNAL OF OPTIMIZATION IN INDUSTRIAL ENGINEERING (JOURNAL OF INDUSTRIAL ENGINEERING)[Internet]. 2011;5(3 (9)):57-67. Available from: https://sid.ir/paper/638000/en

IEEE: Copy

JAVAD SADEGHI, AHMAD SADEGHI, and MOHAMMAD SAIDI MEHRABAD, “A PARAMETER-TUNED GENETIC ALGORITHM FOR VENDOR MANAGED INVENTORY MODEL FOR A CASE SINGLE-VENDOR SINGLE-RETAILER WITH MULTI-PRODUCT AND MULTI-CONSTRAINT,” JOURNAL OF OPTIMIZATION IN INDUSTRIAL ENGINEERING (JOURNAL OF INDUSTRIAL ENGINEERING), vol. 5, no. 3 (9), pp. 57–67, 2011, [Online]. Available: https://sid.ir/paper/638000/en

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